Canada has taken up the mantle of leading an international effort to improve airspace safety over and near conflict zones, Transport Minister Marc Garneau said.
Etihad Airways has narrowed its full-year net losses as the carrier continues to improve its operating performance through the transformation program it began in 2017.
A senior U.S. Transportation Department (DOT) official overseeing international aviation agreements said the department will only approve applications for immunized airline alliances “when the competitive benefits are clear and demonstrable.”
IATA is hoping for a global standardization in processes by stakeholders on how confirmed or suspected COVID-19 cases are handled at airports, which in turn will increase the industry’s effectiveness in dealing with the outbreak.
The Chinese government said it will pay subsidies to support international air connections, as local airlines planned further restoration in domestic capacity.
Southwest Airlines is projecting a $200-300 million first-quarter operating-revenue shortfall due to a sudden dip in bookings that the airline is linking to COVID-19.
As air transport demand continues to drop as COVID-19 coronavirus infections have begun to cluster beyond the Asia-Pacific region, IATA has widened its estimates on revenue losses for the airline industry.
Hong Kong-based China Aircraft Leasing Group (CALC) announced Mar. 5 that it will indirectly acquire a 35.68% equity interest in Indonesian regional airline TransNusa.
United Airlines became the first U.S. airline to cut domestic capacity as a result of the COVID-19 outbreak, signaling that domestic demand in the North American market is showing signs of pressure from the spreading novel coronavirus.
LCC flydubai faced “an abrupt interruption” to both its growth and fleet strategy in 2019 as it weathered the effects of the Boeing 737 MAX grounding, the airline said as it published its annual results Mar. 4.
